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440721 (Harmonized System 1992 for 6-digit)

2023
World Trade $287MRnk 3381 / 4644
2023
Top Exporter | Top Importer $186M | $66.3MMalaysia | Saudi Arabia
2023
Product Complexity -0.42Rnk 3138 / 4656
2022 - 2023
Export Growth (CAGR) -35.8%Rnk 4386 / 4644
2023
Share of World Trade 0.0013%Rnk 3381 / 4644

About

Overview This page contains the latest trade data of Lumber, Meranti red, Meranti Bakau, White Lauan etc. In 2023, Lumber, Meranti red, Meranti Bakau, White Lauan etc were the world's 3381st most traded product, with a total trade of $287M. Between 2022 and 2023 the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc decreased by -35.8%, from $447M to $287M. Trade in Lumber, Meranti red, Meranti Bakau, White Lauan etc represent 0.0013% of total world trade.

Lumber, Meranti red, Meranti Bakau, White Lauan etc are a part of Sawn Wood.

Exports In 2023 the top exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc  were Malaysia ($186M), Sweden ($18.3M), Austria ($15.1M), Finland ($13.9M), and Indonesia ($12.9M).

Imports In 2023 the top importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Saudi Arabia ($66.3M), United Arab Emirates ($35.5M), Netherlands ($34.7M), Chinese Taipei ($13.3M), and South Africa ($10.4M).

Ranking Lumber, Meranti red, Meranti Bakau, White Lauan etc ranks 3138th in the Product Complexity Index (PCI).

Description Lumber is used to make furniture and houses. Meranti red and meranti bakau are used to make doors. White lauan is used for the outside of houses.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lumber, Meranti red, Meranti Bakau, White Lauan etc. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Malaysia$186M
Top Destination (2023)Saudi Arabia$66.3M

In 2023 Lumber, Meranti red, Meranti Bakau, White Lauan etc were the world's 3381st most traded product (out of 4,644).

In 2023, the top exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Malaysia ($186M), Sweden ($18.3M), Austria ($15.1M), Finland ($13.9M), and Indonesia ($12.9M).

In 2023, the top importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Saudi Arabia ($66.3M), United Arab Emirates ($35.5M), Netherlands ($34.7M), Chinese Taipei ($13.3M), and South Africa ($10.4M).

Explore Visualizations

Exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc (2023)
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Importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$950k
Top Destination Growth (2022 -  2023)Chinese Taipei$4.46M

Between 2022 and 2023, the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc grew the fastest in Netherlands ($950k), Canada ($835k), Croatia ($695k), Germany ($650k), and Kuwait ($358k).

Between 2022 and 2023, the fastest growing importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Chinese Taipei ($4.46M), Philippines ($3.03M), Poland ($1.53M), South Korea ($1.48M), and Singapore ($1.05M).

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Exporters of Lumber, Meranti red, Meranti Bakau, White Lauan etc (2022 - 2023)

Importers of Lumber, Meranti red, Meranti Bakau, White Lauan etc (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc.

In 2023, market concentration measured using Shannon Entropy, was 2.32. This means that most of the exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc are explained by 5 countries.

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Value of Exports in Lumber, Meranti red, Meranti Bakau, White Lauan etc

Net Trade

TOP NET EXPORTER (2023)Malaysia$185M
TOP NET IMPORTER (2023)Saudi Arabia$65.9M

This map shows which countries export or import more of Lumber, Meranti red, Meranti Bakau, White Lauan etc. Each country is colored based on the difference in exports and imports of Lumber, Meranti red, Meranti Bakau, White Lauan etc during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Malaysia ($185M), Sweden ($18.3M), Austria ($15M), Finland ($13.9M), and Indonesia ($12.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Lumber, Meranti red, Meranti Bakau, White Lauan etc were Saudi Arabia ($65.9M), United Arab Emirates ($31.1M), Netherlands ($29.9M), Chinese Taipei ($12.8M), and South Africa ($10M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Lumber, Meranti red, Meranti Bakau, White Lauan etc.
It is possible to select the main countries that export or import Lumber, Meranti red, Meranti Bakau, White Lauan etc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lumber, Meranti red, Meranti Bakau, White Lauan etc by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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